Aisha Steel Mills commences formal trading on KSE

RECORDER REPORT

KARACHI: The formal trading in the shares of Aisha Steel Mills Limited started at Karachi Stock Exchange on Monday.

On this occasion a ceremony was held at the main trading hall of Karachi Stock Exchange.

The trading session started with the ringing of the gong to formally commence trading and listing of ordinary shares and preference shares of Aisha Steel Mills.

Kashif Shah, Chief Executive Officer of Aisha Steel Mills and Yoshikazu Uda, Executive Director of Aisha Steel Mills rang the traditional opening bell to commence trading and listing of the company.

Among others, Managing Director Karachi Stock Exchange Nadeem Naqvi, senior management of the Exchange, senior officials of Aisha Steel Mills and senior people from financial industry, members of KSE board and others attended the ceremony.

On the first day of formal trading, Aisha Steel Mills was the volume leader with 5.233 million shares and increased by Rs. 1.02 to close at Rs. 11.02.